Structure and Rating of Asset Backed Securities - Online

This introductory course guides students through the evolution of asset securitization, which results in new products for investors and expanded sources of funding and risk transfer opportunities for issuers. It shows how an asset-backed security is constructed, rated by the credit agencies, traded, and valued.

This course replicates the content from lesson 2 of Asset Backed Securities - Online

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer. Subscription period for this course is 90 days.

Available TodayOnlineUSD$60.00
Instructional Method:
Self-Study
Level: Basic

CPE CREDITS
1
Newcomers to the bond markets, institutional sales staff, sales and capital markets assistants.
Students will be able to:
  • Recognize the differences between pass-through and pay-through trust structures.
  • Describe the role of a Special Purpose Vehicle in structuring ABSs.
  • Define the most common types of credit enhancements.
  • Identify the elements by which rating agencies evaluate and monitor credit worthiness.
Structure and Rating of Asset Backed Securities
  • Assets
  • Special purpose vehicles
  • Cash flows
  • Rating agencies and credit ratings
  • Credit enhancements